Marsh McLennan wants to delist in London & more…Keep up with what has been happening this week in our latest insurance news round-up…

AXA finalises Laya Healthcare acquisition

AXA has completed the acquisition Laya Healthcare for a consideration of €650 million, contingent to the deal’s unveiling earlier in May.

Cyber insurance pricing decreases for first time since 2018: Marsh

Globally, cyber insurance pricing decreased by 2% in Q3 of 2023, compared to a 1% increase in Q2, marking this as the first quarter to record an average decrease since the second half of 2018, according to insurance broker and risk advisor Marsh, a business of Marsh McLennan.

AIG beats Q3 profit estimates on general insurance, life and retirement gains

American International Group exceeded third-quarter profit expectations on Wednesday, driven mainly by growth at its general insurance and life and retirement units.

Allianz Trade appoints commercial director for HK hub

Allianz Trade in Asia-Pacific has announced the appointment of Tricia Koh as the new commercial director for Hong Kong, Taiwan, and South Korea – collectively termed as the Hong Kong hub.

Marsh McLennan wants to delist in London

US-headquartered Marsh McLennan, parent of broking giant Marsh, doesn’t think its UK listings on the Financial Conduct Authority (FCA) and the London Stock Exchange (LSE) are worth it.